FX:USOIL   CFDs on Crude Oil (WTI)
General analysis
weekly: first beat upward trend
-price is above ma10 and supported by ma50
Daily: price is in the upward adjustment zone in an uptrend
- supported price is above ma50
The price crosses above ma10 by 1 candle with a full body.
- MACD is showing signs of crossing up and is above the zero line
script:
-Wait for the daily candle to close above the 10 day mark and is also a confirmation signal candle for a buy order on the daily frame.
Buy
entry= price range 79,885
stoploss= 76,790
TP1= 88,100
TP2=90,440
Wrong scenario when price cuts down to 10 days and breaks the latest bottom
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.